Bend urban renewal staff outline targets for core area, Juniper Ridge and new loan/grant programs
The city’s urban renewal manager gave BDAB a primer on TIF and proposed targeted investments: $8.9M for the core area to catalyze private development, $26M in indebtedness for Juniper Ridge to create jobs, and new small‑scale incentive programs including microloans, tenant‑improvement grants and predevelopment bridge loans.
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Jonathan Taylor, the city’s urban renewal program manager, gave BDAB a detailed overview of urban renewal tools, the mechanics of tax‑increment financing (TIF), and proposed programs to accelerate commercial and industrial development.
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